Lightspeed Pos (TSE:LSP) Lowered to Hold Rating by Barclays

Barclays cut shares of Lightspeed Pos (TSE:LSP) from a strong-buy rating to a hold rating in a research note released on Friday morning,Zacks.com reports.

LSP has been the subject of a number of other reports. Benchmark upgraded shares of Lightspeed Pos to a “strong-buy” rating in a report on Tuesday, September 17th. Royal Bank of Canada upgraded Lightspeed Pos from a “strong sell” rating to a “moderate buy” rating in a research note on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Lightspeed Pos presently has an average rating of “Buy”.

Lightspeed Pos Stock Performance

Lightspeed Pos (TSE:LSP) last issued its earnings results on Thursday, November 7th. The company reported C$0.05 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.03 by C$0.02. The business had revenue of C$378.14 million during the quarter, compared to the consensus estimate of C$379.65 million.